Operational risk scenario analysis has existed for a long time. Why is it under more scrutiny now? Patrick Naim, Elseware: I wouldn’t describe it as scrutiny so much as more ambitious objectives for ...

Financial institutions are in the business of risk management and reallocation, and they have developed sophisticated risk management systems to carry out these tasks. The basic components of a risk ...

The global expansion of AI has elevated data centers to the top of the digital economy. Every model of inference, training ...

Atkar: Not necessarily on operational risk. For instance, the recent Basel paper on the treatment of insurance to mitigate operational risks proposes arguably a more complicated approach than ...

The gap between AI and traditional risk modelling is substantial. Traditional models often fall short when dealing with complex, non-linear relationships. In contrast, AI models thrive in detecting ...

Operational risk management encompasses the identification, assessment, monitoring and mitigation of losses arising from inadequate or failed internal processes, people, systems or external events.

Operational visibility is no longer just a security concern; it is becoming fundamental to how data centers operate ...